The tablet now also runs on a brand new A6X processor, which provides it with twice the CPU and graphics processing capabilities. It can now work on 4G LTE networks and Wi-Fi, and still offers the same 10 hours of promised battery life.The new iPad Mini runs on iOS 6 and features the 8-pin Lightning dock. Battery back-up of the all-new Apple iPad Mini will be 10 hours, same as that of the full-sized iPad. (AFP)

According to Phil Schiller, Apple's senior vice president of worldwide marketing, iPad Mini has 35% extra screen space than routine 7-inch tablets, its current rivals. Since iPad Mini has the same screen resolution, all existing apps for iPad will run smoothly. Apple is offering the Wi-Fi only iPad Mini in 16, 32 and 64GB capacities at $329, $429 and $519 respectively. For the 4G-compatible versions of the device, users will have to shell out an additional $130 for each variant. iPad mini and ipad 4G will be up for pre-orders on Oct 26. The Wi-Fi versions will start shipping on November 2, while the cellular-enabled models will hit the shelves two weeks later. (AFP/Kimihiro Hoshino)